oyo
US Investor Baron Capital Slashes Swiggy's Valuation By 34% To $7.1 Bn
Banking - Published date: .
In January last year, Swiggy raised $700 million in a funding round that was led by Invesco and saw participation from a... Read more
OYO-owned Weddingz.in To Expand To 7 Cities In 2023 Amid Rise In Demand
Banking - Published date: .
OYO-owned Weddingz.in on Friday announced its plans to enter seven new cities in 2023, including in Ahmedabad, Hyderabad... Read more
Oyo May Log Positive Ebitda Of $50-55 Million This FY, Says Moody's
Banking - Published date: .
Moody's said it could downgrade the ratings if OYO's cash burn does not "reduce significantly" over the next 12-18 month... Read more
In A First, Softbank-backed OYO Turns Cash Flow-positive In Q4FY23
Banking - Published date: .
The firm expects to report adjusted Ebitda (earnings before interest, taxes, depreciation, and amortisation) of about Rs... Read more
Oyo To Open 50 Properties In Ayodhya, Places Big Bets On Religious Cities
Banking - Published date: .
There has been a consistent rise in the number of tourists visiting Ayodhya over the last few years as the city infrastr... Read more
IPO-bound OYO To Expand Its US Presence With Over 100 New Hotels This Year
Banking - Published date: .
New hotels planned in Oregon, Washington, Texas, Oklahoma, Georgia and Florida Read more
Oyos Confidential IPO Filing Targets Up To $600 Million
World - Published date: .
Oyo aims to sell new shares to raise $400 million-$600 million ( ₹3,285 crore- ₹4,927 crore) to repay debt and hopes... Read more
Oyo Pre-files DRHP With Sebi, Cuts Issue Size To $400-600 Million
Banking - Published date: .
The DRHP was filed under the confidential pre-filing route with a reduced issue size of $400-600 million, all of which w... Read more
Less Need For Capital Or Headwinds? OYO Plans To Cut IPO Size By Two-thirds
Banking - Published date: .
Agarwal projects 19% jump in FY23 revenue to Rs 5,700 crore Read more
OYO Expects More Than Rs 5,700 Revenue In FY23, Up By 19% From FY22
Banking - Published date: .
Hospitality and travel-tech firm OYO estimates its revenue in FY23 to be more than Rs 5,700 crore, up 19 per cent from R... Read more
OYO Launches Accelerator Programme For First-generation Hoteliers
Banking - Published date: .
It will provide technology, relationship managers, financial support, and access to OYO's network Read more
Doodhvale: Back To Pure Milk
World - Published date: .
The company’s primary focus on milk quality involves testing it on more than 68 parameters at FSSAI approved third par... Read more
OYO Asks Govt To Probe FHRAI's 'illegally-run' Executive Committee
Banking - Published date: .
Claims committee's actions hurting small hotel owners; constant friction with organised players discouraging SMEs and en... Read more
OYO Urges Govt To Probe Into Functioning Of Hotel Association's Committee
Banking - Published date: .
Travel tech platform OYO on Sunday said it has requested the tourism ministry to probe the functioning of Federation of ... Read more
IPO-bound OYO Looks To Double Number Of Premium Hotels In India This Year
Banking - Published date: .
The firm plans to add about 1800 premium hotels this year, with a focus on key business cities Read more
Vrindavan, Bengaluru Among Most Booked Valentine's Day Destinations: Report
Banking - Published date: .
Average duration of stays increases from last year; people willing to travel on weekdays: OYO Read more
OYO Estimates Its Revenue To Be $751 Million In 2022-23: Ritesh Agarwal
Banking - Published date: .
Hospitality and travel-tech firm OYO estimates its revenue in 2022-23 to be USD 751 million on the back of which it expe... Read more
Ola Lays Off Employees In Restructuring Exercise
World - Published date: .
It is a business restructuring and rationalization exercise and there will be new hires in focus teams, an Ola spokesper... Read more
Small Towns Witness Highest Increase In Room Bookings In 2022: OYO
Banking - Published date: .
India's small towns like Hathras, Sasaram, Karaikudi, and Tenali witnessed the highest increase in room bookings in 2022... Read more
Udaan, Ola And Oyo See Highest Senior Executive Exits In 2022: Data
Banking - Published date: .
Ola and Oyo Hotels & Homes followed Udaan in recording the most senior executive exits in 2022, according to Longhou... Read more